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Celebrating mothers Mother’s Day proved a success at Berwick RSL for an early celebration on Friday 8 May. Several mothers joined their friends and family in celebrating the special occasion with the room remaining lively and warm with conversations despite the brisk wind outside. Pink decorations adorned the tables and cups of tea kept flowing in addition to classic scones and finger sandwiches. Many in the room reflected on their relationship with their children, as well as their time with their own mother, who shaped them into the people they are today. Conversations around the table illuminated this importance of mothers and the work that they do for our community.
Sue and Lesley in their matching royal blue blazers celebrating Mother’s Day. (Stewart Chambers: 550845)
Pressure shift Cranbourne real estate agent Jo Mooney said the changes could redirect investor demand rather than reduce competition in the market. She said many first-home buyers in Casey already favour house-and-land packages, meaning investors could now compete directly with them for new builds. “So, they’re saying that the first home buyers are being pitted against and having to compete
with investors now. But all they’re doing is shifting that competition to a different product,” she said. “A lot of the investors in City of Casey are mums and dads, nurses, trainees, teachers. They are the ones who will probably be more affected and driven towards the new builds for negative gearing, because they’ll rely on that for serviceability.
“But a more sophisticated or experienced investor is going to be setting up a different structure to buy the properties in, and they’ll sidestep it anyway.” RMIT urban policy professor Jago Dodson said the reforms would likely have modest shortterm effects but could moderate house-price growth over the long term and gradually reduce investor participation. Full story page 2
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Federal tax reforms announced in the 2026 Federal Budget could reshape the housing market in Casey, with local experts warning investors may increasingly compete with first-home buyers in the municipality’s fast-growing new estates. Under the reforms, negative gearing will be limited to new builds from July 2027, while the 50 per cent Capital Gains Tax discount will be replaced with an inflation-based system. Existing investment properties will be grandfathered.
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